Altcoins like Ripple, Ethereum, and Tron posting significant gains in the first week of 2018. Decred Project Lead Jake Yocom-Piatt explains why these alternative currencies are surging.
"For all we know Bitcoin may fall, but for right now it's the dominant cryptocurrency," said Yocom-Piatt. "Currently there's 1,500 cryptocurrencies out there and the collective market cap of these keeps going up."
Decred's market cap has recently exceeded $700 million. Yocom-Piatt says he's seen a 200 x increase in exchange rate. Decred is centered around decentralization. "It's nice to see the financial metrics catching up with what I perceive to be the technological achievements," said Yocom-Piatt.
Loy Gordon, owner of Neir's Tavern, joined Cheddar News to discuss how he saved the establishment three times and why he did so. Gordon also showed Cheddar News some specialty drinks that patrons can enjoy.
To celebrate Black-Owned Business Month, Cheddar News visited Neir's Tavern in Queens, one of the city's oldest taverns where the Martin Scorsese film "Goodfellas" was filmed. Loy Gordon, the bar's owner, discussed the history behind the establishment.
WeWork is warning there’s “substantial doubt” about its ability to stay in business over the next year because of its financial losses and its need for cash, among other factors.
You know ESPN the sports media giant. Now brace yourself for ESPN Bet, a rebranding of an existing sports-betting app owned by Penn Entertainment, which is paying $1.5 billion plus other considerations for exclusive rights to the ESPN name.
